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Q4 EBIT of EUR 5.7 million, down EUR 2.8 million from 4Q 2013 due to increased R&D effort and effects from lower volumes

Gearing ratio further reduced to 2.2 x NIBD/EBITDA

Improved terms in a new revolving facility

Markets

Europe: Modest growth in Europe for light vehicle and decline in commercial vehicle segment in 2014

North America: Steady growth in light - & commercial vehicle segment

Key figures

MEUR

Q4 2014

Q4 2013

YTD2014

YTD2013

Revenues

204.3

242.0

979.1

990.9

EBITDA

17.0

19.0

97.0

97.1

EBITDA (%)

7.1%

7.9%

9.9%

9.8%

EBIT

5.7

8.4

54.8

53.2

EBIT (%)

2.4%

3.5%

5.6%

5.4%

Net proft

(18.1)

(4.3)

5.4

6.6

NIBD/EBITDA (LTM)

2.2

2.5

2.2

2.5

Equity ratio (%)

30.5%

27.6%

30.5%

27.6%

Media:

Trond Stabekk, CFO

Phone: +47 32 86 86 18; Mobile: +47 98214054

Investors / analysts:

Philippe Toth, SVP Business Development & IR

Phone: +47 32 77 05 03; Mobile: +47 98214021

About Kongsberg Automotive:

Kongsberg Automotive provides world class products to the global vehicle industry. Our products enhance the driving experience, making it safer, more comfortable and sustainable. With revenues of close to EUR 1.0 billion and approximately 10.000 employees in 20 countries, Kongsberg Automotive is truly a global supplier. The company is headquartered in Kongsberg, Norway and has 32 production facilities worldwide. The product portfolio includes seat comfort systems, driver and motion control systems, fluid assemblies, and industrial driver interface products developed for global vehicle manufacturers. Find more information at www.kongsbergautomotive.com